Non-core assets should be removed from the business to provide buyers with a clear understanding of the balance sheet. In the process of preparing your company for sale, it is…
Shifting Consumer Preferences and Restaurant Models Chain restaurants that withstood the pandemic are now facing new hurdles, including high inflation rates and changing dining habits. Traditional sit-down restaurants, once dominant,…
In July 2023, Commercial Fluid Power (“CFP”) was acquired by leading international supplier of carbon and alloy mechanical tubing and fluid power products, National Tube Supply. CFP is a national,…
As noted in Part 1 of this two-part series, committing the business owner’s knowledge of the company to a thorough, detailed budget addresses numerous questions and increases credibility with buyers.…
Let’s face it. Preparing a monthly budget and multi-year projection is hard. It can take several years to determine the best way to prepare them. If the business owner has…
Market Growth and Technological Advancements The BPO and contact center industry is rebounding strongly post-pandemic, with a projected compound annual growth rate (CAGR) of 3.4%, pushing the market value from…
Within the bounds of preparing for sale, the preparation of internal accounts is paramount to ensuring that all financial and potential projections are as accurate as possible. Consider this scenario:…
Economic Influences and Market Dynamics The HVAC industry is intrinsically linked to broader economic conditions, particularly the construction sector. The industry’s performance has fluctuated with the trends in both residential…
The relationship between financial planning and the sale of your company helps to outline the importance of completing a business valuation during the planning process. Various approaches and considerations must…
Based in Canton, OH, Millman Surveying, Inc. (“Millman”) is a leading provider of comprehensive national land services, including ALTA and NSPS surveys, telecommunications/cell tower surveys, zoning reports and real estate…